Forming Technologies, a developer of solutions for design, simulation, planning and costing of sheet metal components, announced the worldwide release of FormingSuite 2014 and FTI CATIA V5-based software.

According to the company, the new release delivers productivity and usability gains and allows companies to spend more time on knowledge-centric tasks. “FormingSuite 2014 and FTI CATIA V5-Based software is the classic example of developers listening to what the users want and need, and making that a reality,” said Dan Marinac, FTI director of business development.

The software includes new nesting features for analyzing 2-blanks for transfer and progressive, an updated Strip Nesting engine, and calculation of more solutions for angular constraints for all nesting solutions. Major updates to Stretch Webs include parametric geometry, full regeneration, S-shaped webs, pilot holes, memory, and component extraction for managing assemblies. Performance enhancements were added to meshing, formability solvers, and springback solvers which are now fully multi-threaded to support multi-core processors. Additionally, springback compensation has now been introduced.

“FormingSuite 2014 and FTI CATIA V5-based software allows users to really accelerate their response time and accuracy on project quotes/simulations and, equally important, they can learn immediately whether or not a job really fits into their sweet spot,” said Michael Gallagher, vice president of Forming Technologies. “FormingSuite 2014 and FTI CATIA V5-based software makes them a better value-added supplier to their customers, because it makes them more knowledgeable about the requirements of each project. It also helps to reduce their customers’ overall time to market.”